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L J Island Ltd
Registered Number:11285306
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
Registered Number :
11285306
As at 31 March 2025
L J Island Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
33,280
40,508
2
Financial assets
966,513
1,197,461
3
1,230,741
1,007,021
Current assets
Trade and other receivables
1,181,054
1,094,494
4
1,899,820
Cash and cash equivalents
1,638,479
2,732,973
3,080,874
Trade and other payables: amounts falling due within one
year
(161,920)
(79,573)
5
2,918,954
2,653,400
Net current assets
Total assets less current liabilities
3,884,141
3,925,975
3,884,141
Net assets
3,925,975
Capital and reserves
Called up share capital
104
104
Revaluation reserve
13,304
58,194
6
Retained earnings
3,870,733
3,867,677
3,884,141
3,925,975
Shareholders' funds
For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
L Collings Director
These financial statements were approved and authorised for issue by the Board on 31 August 2025 and were signed by:
The notes form part of these financial statements
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3
For the year ended 31 March 2025
L J Island Ltd
Notes to the Financial Statements
Statutory Information
L J Island Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
11285306.
Registered address:
Fortress House
301 High Road
Benfleet
Essex
SS7 5HA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Straight line
Computer Equipment
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 April 2024
64,412
7,067
Additions
At 31 March 2025
71,479
Provision for depreciation and impairment
At 01 April 2024
23,904
Charge for year
14,295
At 31 March 2025
38,199
At 31 March 2025
Net book value
33,280
At 31 March 2024
40,508
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4
For the year ended 31 March 2025
L J Island Ltd
Notes to the Financial Statements Continued
3. Investments held as fixed assets
Other investments
Total
At 01 April 2024
966,513
966,513
Cost
£
£
992,431
992,431
Additions
Disposals/Repayments
(716,593)
(716,593)
(44,890)
(44,890)
Revaluations
At 31 March 2025
1,197,461
1,197,461
At 31 March 2025
Net book value
1,197,461
1,197,461
At 01 April 2024
966,513
966,513
4. Trade and other receivables
2024
2025
£
£
Trade debtors
590,162
512,614
Other debtors
504,332
668,440
1,181,054
1,094,494
The debtors above include the following amounts falling due after more than one year:
Other debtors
403,453
563,214
5. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Taxation and social security
49,125
131,468
Other creditors
30,448
30,452
79,573
161,920
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5
For the year ended 31 March 2025
L J Island Ltd
Notes to the Financial Statements Continued
6. Reserves
Total
£
Revaluation reserve at 01 April 2024
58,194
Investments written off/revalued
(44,890)
13,304
Revaluation reserve at 31 March 2025
7. Average number of persons employed
During the year the average number of employees was 2 (2024 : 2)
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